EPF

Youth and women will be important voting groups in the coming election, but both groups have lost out when it comes to better-paying jobs in the formal sector. The share of those below 21 in net Employees’ Provident Fund scheme enrollments…

The EPFO will will credit 8.15 per cent per annum for 2021-22 to every member of the EPF scheme.The EPFO's Central Board of Trustees (CBT) on March 28 set an 8.15 per cent interest rate on provident fund for this fiscalThe central…

EPF is currently offering an interest of 8.15 per cent. (Representative image)As long as your EPF account remains active, interest will keep flowing in. But once your account becomes inactive, no additional interest will be credited.When it…

The extended deadline to apply for a higher pension under the Employees' Pension Scheme (EPS), i.e., June 26, is just a day away. Applicants, however, are facing multiple technical snags in submitting their application through the unified…

A single UAN number is used to open all EPF accounts.If you've worked in three companies and not merged your EPF accounts, you'll have to pay 10% TDS on all three accounts. If you have worked in multiple private companies, you might…

According to EPFO, updating of member's passbook with interest is an entry process. TheEPFO offers various online services to its members, such as online registration, account balance checking, and claims settlement. The EPFO passbook is a…

EPFO allows members to withdraw their EPF balance under certain conditions such as retirement, resignation etc. (Representative image)EPF members can file advance for the construction of house in simple stepsEPFO (Employee Provident Fund…

Formal job creation ended the year on a high, registering double digit increases across all categories in March compared with the previous month, a data release of the government showed on Thursday.While net additions to the Employees'…

Both the employer and the employee contribute to the EPF. (Representative image)EPF vs PPF vs VPF: By understanding the details and aligning them with your financial goals, you can determine which scheme is more suitable for your…

Merging your PF accounts means your UAN will consolidate all your work experiences.When you switch jobs, you provide your UAN to the new employer, who subsequently opens another PF account under the same UAN.Many of us change jobs every 2-3…